Cryptocurrency Analysis and News Portal
The Bitcoin (BTC) price could be headed a lot higher as more companies allocate a portion of their treasuries to the digital asset, according to new research from ARK Invest. In its annual Big Ideas report, ARK said Bitcoin’s price would increase by roughly $40,000 if “all S&P 500 companies were
Read MoreChina’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC), the digital yuan. The draft law states that the yuan is the official currency of the People's Republic of China
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Yearn.finance (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is
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Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank’s policy approach during the Jackson Hole symposium Thursday. CryptoX First Mover Editor Bradley Keoun writes that Powell’s speech can have long-term implications on both bitcoin and ether,
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Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia.As reported by Kyodo News on July 11, officials revealed that the G20 summit compromising representatives from 19 countries and the European Union will be laying the groundwork to accept digital payments. The changes
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Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week on Discord, citing a need for the project to cut costs.The job losses
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Messaging giant Kik has been embattled in a fierce exchange with the United States Securities and Exchange Commission (SEC) over the last year for a token fundraising run in late 2017. The latest news, confirmed by Kik CEO Ted Livingston, reports that the firm will shut down the Kik
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